Mesa West Capital originates $65 million loan to fund Los Angeles apartment acquisition
Mesa West Capital has provided Newport Beach, CA-based real estate development and investment firm Sares Regis Group with $65 million in first mortgage debt for the acquisition of a 169-unit multifamily community in Los...
JLL closes $248 million sale of Park Hacienda apartments in Pleasanton, California
JLL Capital Markets announced that it has closed the $248 million sale of Park Hacienda, a 540-unit, garden-style apartment community within the Hacienda Business Park in Pleasanton, California. JLL marketed the property on behalf of...
Trion Properties completes its first ground-up development: A tech-forward multifamily community in Culver City,...
Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, announced that it has completed its first ground-up development project: a multifamily community with numerous tech amenities in...
Dunleer sells portfolio of three Los Angeles apartment assets totaling $12.18 million
Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $12.18 million portfolio sale of three apartment properties in Los Angeles. The properties total 32 units and were sold to a...
BRIDGE Housing acquires Paloma Del Mar, preserves 130 affordable homes for seniors
BRIDGE Housing has acquired the 130-apartment Paloma Del Mar Apartments in Freedom, a community that is partially within the incorporated city of Watsonville in Santa Cruz County. Originally built in 1993, Paloma Del Mar features...
San Diego County multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Serena Vista, a 110-unit multifamily asset in the San Diego submarket of La Mesa, California. The property sold for...
Vista Investment Group acquires San Francisco-area apartment community for $91 million
Vista Investment Group in partnership with Tokyu Land US Corporation (“TLUS”), a fully-integrated real estate development and investment company, has acquired the Northridge Apartments, a 221-unit garden-style apartment community in the San Francisco East...
Stepp Commercial completes $4.69 million sale of a 14-unit apartment property in Alamitos Beach...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.69 million sale of a 14-unit apartment property located 1429 Florida Street in the Alamitos Beach submarket of...
R.D. Olson Construction breaks ground on 6-acre mixed-use community in Westminster, California
R.D. Olson Construction, an award-winning general contracting firm in California, announced the ground-up construction of Bolsa Row, a mixed-use development in the heart of Westminster’s Little Saigon District. Situated on a 6-acre lot, the...
Dana Brody joins Marcus & Millichap as Senior Vice President Investments
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced today that Dana Brody has rejoined the firm as a senior vice president investments...
Levin Johnston completes two multifamily transactions totaling $24.45 million in San Mateo, California
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, successfully completed the sale of two multifamily communities in...
Lakeview Land Partners sells 47 unit asset in Downtown Oakland
Lakeview Land Partners, LLC announces the sale of the Jackson Courtyard Apartments, LLC. a 47 unit apartment building in downtown Oakland Ca. which was built in 2009. Lakeview purchased the property in 2015 and enjoyed the transformation...
Stepp Commercial completes $5.71 million sale of a 16-unit apartment property in the heart...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $5.71 million sale of a 16-unit apartment property located at 445-455 Rose Avenue in the heart of the...
California REALTORS applaud Gov. Newsom’s focus on housing in State of the State Address
The California Association of Realtors (CAR) issued the following statement after Gov. Gavin Newsom’s State of the State address: “The California Association of Realtors stands with Gov. Gavin Newsom and agrees that after decades of neglect...
Record-breaking Northern California multifamily sale brokered by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Parc Marin, a 32-unit boutique rental community in Corte Madera,...